Exports only grow 1% and total US$ 11,430 million in the accumulated amount of 2026, driven by meat and cellulose

In October the applications for export of goodsincluding free zones, grew barely 1% compared to the same month last year and reached US$ 1,089 million, as reported yesterday by the Uruguay XXI Institute. “This month’s exports were mainly explained by sales of cellulose, beef, milk products, beverage concentrate y wood and wood products“, indicated the report. In the accumulated of 2026, exports of goodsincluding those in free zones, totaled US$ 11,430 million, which represented a growth of 1% compared to January-October 2025.

According to Uruguay XXI, “in the cumulative period from January to October 2026, the beef “It remained the main export product with sales of US$ 2,220 million, which represented a growth of 2% compared to the same period in 2025 and a share of 19% in total exports.”

In terms of volume, beef shipments decreased 14%, going from 321,700 tons to 276,200 tons.

The cellulose It was ranked second with exports of US$ 1,998 million, a 17% share of the total sold abroad and a growth of 2% compared to the same period of the previous year.

For its part, the military accumulated sales of US$ 834 million, which represented 7% of the total exported and a decrease of 37% compared to 2025.

“In terms of volume, shipments fell 42%, going from 3,346,000 tons to 1,947,000 tons. This drop was mainly explained by the drought impact about the 2025/2026 harvest, which caused a reduction of close to 50% in production compared to the previous campaign,” stated Uruguay XXI.

In fourth place were the milk productswith exports for US$ 772 million, a 7% share of the total and a growth of 2% compared to January-October 2025. The top five was completed by beverage concentrates of Pepsi with foreign sales of US$ 711 million, which represented 6% of the total exported between January and October 2026.

“Together, these five products concentrated 57% of goods exports during that period,” the report analyzed.

In terms of export destinations in 10 months of the year, it leads China with US$ 2,404 million (21% of the total) and a drop of 21% compared to January-October 2026. The second destination was Brazil with US$ 1,746 million (15% of the total) and an increase of 4% compared to 2025 and the third was the European Union with US$ 1,640 million (14% of the total) and an increase of 9%.